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Third Point Re reported a healthy third quarter profit for 2020 despite significant losses related to COVID-19 and natural catastrophes that the re/insurer insisted were within expectations. 6 November 2020
News
PartnerRe will pay a dividend for the period September 1 to November 30, 2020 on three classes of its preferred shares. 5 November 2020
News
Bermuda International Long Term Insurers and Reinsurers (BILTIR) members supported more than 50 charitable initiatives over the last year, with donations of over $4 million to a range of projects across the community. 5 November 2020
News
Flood Re has come out in favour of the Blanc Review’s key recommendation that all UK home insurance products should include flood cover as standard. 5 November 2020
News
Lancashire Holdings’ gross written premiums increased to $658.7 million in the first nine months of 2020, a 14 percent increase on the figure reported for the same period in 2019. 5 November 2020
Life
Assured Guaranty, the Bermuda-based provider of credit enhancement products, has named Randall Gerardes as managing director of public finance marketing. 5 November 2020
Life
AXIS Insurance has hired three lead underwriters within its US cyber and technology team. 4 November 2020
ILS
Arch Mortgage Insurance Company (Arch MI) has secured nearly $452 million of indemnity reinsurance on a pool representing approximately $31 billion of mortgages from Bellemeade Re 2020-3, a special purpose reinsurer. 4 November 2020
News
Total onshore US insured losses from Hurricane Zeta will come in at between $3 billion and $5 billion, according to an estimate by RMS, the catastrophe risk solutions company. 4 November 2020
Life
ArgoGlobal, the Lloyd’s insurer, has appointed Henry Gillingham as a political violence and war class underwriter, a new segment for Argo’s Syndicate 1200. 4 November 2020
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